MarcellusLux' s příspěvky - stránky 2

Profit / loss analysis and trading talks v Obecné Mar 20 at 11:04

Further, the algorithm or some stages can be repeated until the moment when I am sure that the trading system is ready for the next trading session.

Profit / loss analysis and trading talks v Obecné Mar 20 at 11:03

I start with trading analysis according to the market state, this is what is published. Then I evaluate the trading effectiveness (also sometimes published). Now that I know what works well and what doesn't live up to expectations, I can adjust my strategy and trading plan. At the next stage, I compare the previously obtained data and analysis with the current one and try to find regularities and patterns of mistakes and successful solutions. After the market related analysis I move on to risk management and analyze information about risks during trading, whether my trades were safe and de...

Profit / loss analysis and trading talks v Obecné Mar 15 at 12:14

The is broad question for one post, so I will answer in general. If you want to know something specific, please post your questions. After each trading session, I do a comprehensive analysis of closed trades. And according to a number of criteria, I decide what changes to make in the trading plan or trading system. That is, the result and conclusion after analysis can influence subsequent trades. The analysis that I am publishing is the initial stage: market analysis and preliminary assessment of effectiveness.

Profit / loss analysis and trading talks v Obecné Mar 08 at 13:36

Analysis of the EUR/JPY trade which was closed yesterday with a loss of -1.63%. The trade lasted 3 hours 12 minutes and covered -55.0 pips. On the daily, four-hour and hourly charts there was a strong MACD signal to continue the fall, while the uptrend channel on the daily chart was previously broken after falling below 161.500 and breaking the EMA 200 level on the four-hour chart. Also, the EMA on the hourly and four-hour charts were above the price level, which suggested a further fall possibility. I set my take profit above the EMA 100 level on the daily chart. The stop loss was set above t...

Profit / loss analysis and trading talks v Obecné Feb 28 at 00:14

But if you plan to develop your own system in the future, then analyzing even other’s trading or ea trades will help you gain the necessary experience.

Profit / loss analysis and trading talks v Obecné Feb 28 at 00:13

When you buy an EA, I suppose you completely trust the developer. If you invest or subscribe to signals, then you trust the trader. Therefore, in this case it is not your concern.

Profit / loss analysis and trading talks v Obecné Feb 26 at 12:12

Two similar EUR/JPY sell trades will be analyzed as one.The opening was conditioned by the continuation of the correction within the uptrend. The top at 163.460 was identified and then followed by a sharp return to the zone below 163.000, suggesting that continued growth and even a retest of 163.460 would be unlikely. However, there was still the possibility of a narrowing horizontal correction forming, and in this case, in order to prevent losses, I set a stop loss at 163.329 and 163.343. Further decline was also confirmed by the MACD crossing the signal line on the 15-minute chart, as well a...

Profit / loss analysis and trading talks v Obecné Feb 17 at 09:10

@WhiteWitcher continuing the discussion, for example, market analysis can be significantly enhanced by tools using artificial intelligence.As for more abstract approaches, there are always open questions in studying the psychology of traders and market behavior. I believe this is very important in crypto trading, where the reaction of the holders decides a lot.

Profit / loss analysis and trading talks v Obecné Feb 17 at 09:06

@WhiteWitcher I believe trading has several directions for development, which depend on the needs of traders. For example, for high-frequency trading, the speed of data processing and, accordingly, the instant response of the algorithms are important. This is a parameter that can be improved.

LUX v Obchodní systémy Feb 12 at 08:53

Hello. This was only a temporary inconvenience as some investors were provided with an investor password for check. The account was constantly connected and updated during this period and is now provided with public access.

Profit / loss analysis and trading talks v Obecné Feb 09 at 15:13

This is just scratching the surface, and behind scene are many hours of work on the balance of the strategy, risk management, working on mistakes, tracking entry points, tracking news and changes in market behavior. This is just what I did today.

Profit / loss analysis and trading talks v Obecné Feb 08 at 14:58

The analytical part is based on the trend theory and key/marker technical levels, indicators MACD, EMA and RSI. I also use my developed algorithm for analyzing and calculating possible scenarios and risk associated with them. It provides the control over the market situation and the maximum benefit from each trading position.

Profit / loss analysis and trading talks v Obecné Feb 06 at 08:50

Excellent. You have successfully taken advantage of the strong trend position and key levels to determine the entry and take profit. I can only add that on all time frames this trend was confirmed by the MACD confident buy position, and the position of the EMA line was confirmation of continued growth. But I also see that there was a long-term divergence on the four-hour chart that could lead to a drop deep enough to hit your stop loss. But I also want to note your prudence and the fact that you were not in a hurry to enter the market and waited until the level of 1.34100 was broken. Thank you...

LUX v Obchodní systémy Feb 06 at 08:21

Thanks for your feedback. I pay a lot of attention to risk management and over the past year my base goal has been to increase consistency. This great work done turns into high-quality profitable trading.I don't plan to change the fees, because in my opinion the current percentage is fair and beneficial for both investors and me. Thank you for your question and opinion.

LUX v Obchodní systémy Feb 02 at 04:41

Let's summarize the results of the first trading month of 2024. 6 trades and all of them are sell.5 of 6 trades were profitable (83%). The account growth is 8.78%.All profitable trades are quite accurate and confident. Considering that LUX had holidays trading pause in January, I believe that the result is very good and can be characterized as a projection of the work done last year. LUX starts the year very confidently and precisely. Detailed trading information is published on myfxbook account page. https://www.myfxbook.com/files/MarcellusLux/January_2024_trading_results_for_%28Jiu7be%29...

LUX v Obchodní systémy Jan 29 at 12:29

Thank you. No, I am not funded by prop firm. This is a pamm account, contact [email protected] to get more information.

Profit / loss analysis and trading talks v Obecné Jan 26 at 11:44

Yes exactly,as a conclusion

Profit / loss analysis and trading talks v Obecné Jan 26 at 11:34

Improving the system is the trader's choice, of course. But only when you have a ready made setup to work under any market conditions. If you trade with a system that provides signals on the medium-term market trend breakouts, then perhaps it will show weak results when trading in a high-intensity market within a horizontal trend within key levels. Primarily I tried to share the idea that improvement is necessary in order to get the maximum benefit from the market.

LUX v Obchodní systémy Jan 25 at 10:31

The LUX trading system is a system of several algorithms that I have developed, but trading is manual.

LUX v Obchodní systémy Jan 25 at 10:29

Thanks. I have several developed algorithms that allow me to timely assess the possible risk and make a decision to exit the market. So I collect data and process it manually.

EURUSD	1.07693	GBPUSD	1.25236	AUDUSD	0.66032
USDJPY	155.791	USDCAD	1.36714	USDCHF	0.90645

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